•Premium office space comprising 852sqm (approximately)
•Prime 564sqm (more or less) City Centre zoned site
•Eight (8) onsite car parks compliment the offering
•Potential Annual Net Rental of $413,740 + GST & OPEX
•Strategic high profile Tauranga City Centre position
•Epitome of office excellence with long term growth potential
Recently transformed through an extensive and carefully curated refurbishment, 41 Elizabeth Street now stands as a contemporary commercial showpiece in the heart of Tauranga. Superbly situated directly opposite the impressive new Farmers retail and residential complex, the property commands what is arguably the City Centre’s premier ‘box seat’ position.
Anchored by national tenants on brand new six-year, six-month lease terms, the investment fundamentals are compelling. Vitruvius occupies the first floor, while Heartland Bank has secured the prime ground-floor position.
One remaining 206sqm ground-floor rear office tenancy is currently vacant; however, the Vendors are prepared to underwrite the rental for this tenancy for up to 12 months (subject to an acceptable sale price), providing investors with certainty and delivering a strong predictable monthly cash flow.
With its retro-glam character seamlessly blended into a modernised commercial design, the building offers the perfect balance of personality, performance and occupier appeal. Strengthened to a high standard, it proudly carries an A-Grade seismic rating (90% NBS), ensuring long-term security for tenants and investors alike.
